Russia vs East Timor: New business density (new registrations per 1,000 people ages 15-64)
Russia
2.28 new registrations per 1,000 people ages 15-64
in 2024
East Timor
2.34 new registrations per 1,000 people ages 15-64
in 2022
Russia rank
89th
East Timor rank
87th
New business density (new registrations per 1,000 people ages 15-64) over time
- Russia
- East Timor
How they compare
East Timor currently reports 2.34 new registrations per 1,000 people ages 15-64 against 2.28 new registrations per 1,000 people ages 15-64 in Russia, a difference of 0.06 new registrations per 1,000 people ages 15-64.
The two have swapped places 4 times across 15 shared years of data; in 2008 it was Russia ahead.
Russia ranks 89th and East Timor ranks 87th of 177 countries.
Across the 3 decades both report, Russia averaged higher in 2 and East Timor in 1.
Head to head by decade
| Decade | Russia | East Timor | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.29 new registrations per 1,000 people ages 15-64 | 1.4 new registrations per 1,000 people ages 15-64 | 1.89 new registrations per 1,000 people ages 15-64 | Russia |
| 2010s | 3.49 new registrations per 1,000 people ages 15-64 | 3.55 new registrations per 1,000 people ages 15-64 | 0.0591 new registrations per 1,000 people ages 15-64 | East Timor |
| 2020s | 2.34 new registrations per 1,000 people ages 15-64 | 1.85 new registrations per 1,000 people ages 15-64 | 0.494 new registrations per 1,000 people ages 15-64 | Russia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher new business density, Russia or East Timor?
- East Timor, at 2.34 new registrations per 1,000 people ages 15-64 against 2.28 new registrations per 1,000 people ages 15-64 in Russia as of 2022.
- What is the difference in new business density between Russia and East Timor?
- 0.06 new registrations per 1,000 people ages 15-64, with East Timor ahead.
- How many years of comparable data are there for Russia and East Timor?
- 15 years are reported by both, from 2008 to 2022.
- How do Russia and East Timor rank globally for new business density?
- Russia ranks 89th and East Timor ranks 87th of 177 countries.
- Where does this data come from?
- Entrepreneurship Database, World Bank (WB), published as New business density (new registrations per 1,000 people ages 15-64). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.